Form 4 for W Wayfair Inc.
Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-01 · accession 0001616707-23-000025 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-03 | 2023-02-01 | W | Gulliver Kate | CFO, Chief Admin Off | M - OptEx | $0.00 | +2,924 | 24.0K | +14% | $0 |
| DM | 2023-02-03 | 2023-02-02 | W | Gulliver Kate | CFO, Chief Admin Off | S - Sale+OE | $69.42 | -1,244 | 23.6K | -5% | -$86.4K |
| D | 2023-02-03 | 2023-02-01 | W | Gulliver Kate | CFO, Chief Admin Off | A - Grant | $0.00 | +24.7K | 24.7K | New | $0 |
| D | 2023-02-03 | 2023-02-01 | W | Gulliver Kate | CFO, Chief Admin Off | M - OptEx | $0.00 | -2,924 | 5,849 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-02-01 | M | A | 2,924 | $0.00 | 24,031 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-02-02 | S | D | 192 | $71.14 | 22,787 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.13 to $71.15, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2023-02-02 | S | D | 600 | $69.52 | 22,979 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.24 to $69.88, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 4 | Common | Class A Common Stock | 2023-02-02 | S | D | 452 | $68.57 | 23,579 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.56 to $68.58, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 5 | Derivative | Restricted Stock Units ("RSUs") | 2023-02-01 | A | A | 24,669 | $0.00 | 24,669 | D | — · — to — | 24,669 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. (F7) These RSUs were granted in multiple awards on February 1, 2023, which vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied with respect to 6,731 shares on April 1, 2023, and satisfied with respect to (i) an aggregate of 8,334 shares that vest in four substantially equal amounts commencing on July 1, 2023 and for every three months of continuous service thereafter, (ii) an aggregate of 5,556 shares that vest in four substantially equal amounts commencing on July 1, 2024 and for every three months of continuous service thereafter, (iii) an aggregate of 2,336 shares that vest in four substantially equal amounts commencing on July 1, 2025 and for every three months of continuous service thereafter, and (iv) an aggregate of 1,712 shares that vest in four substantially equal amounts commencing on July 1, 2026 and for every three months of continuous service thereafter. |
| 6 | Derivative | Restricted Stock Unit ("RSU") | 2023-02-01 | M | D | 2,924 | $0.00 | 5,849 | D | — · — to — | 2,924 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. (F6) These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/6th of the shares on November 1, 2022 and as to an additional 1/6th of the shares for every one month of continuous service thereafter. |